Wealink.com

Wealink.com

Wealink.com is a network platform focused on social contact and recruitment.

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DateInvestorsAmountRound
investor investor

€0.0

round

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Series B
Total Funding000k
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Wealink.com operates as a professional networking and job board platform in China, headquartered in Shanghai. Founded in 2004 by Ling Zou, the company established itself as an early entrant in the Chinese professional social networking space. Zou later left the company to pursue another venture in mobile social networking. Wealink's platform was designed to help professionals establish credible connections, share information, and find job opportunities. Over the years, the company expanded its services to include job hunting and recruitment services across numerous provinces and industries in China.

The company's business model initially focused on creating a professional networking site and later incorporated job listings from various recruiters, allowing job seekers to apply directly through the platform. Wealink has faced challenges common to social networks, including maintaining user quality and finding a sustainable revenue model, as the freemium approach proved difficult in the Chinese market. The company has received venture capital funding from investors including SIG China, QF Capital, United Capital Investment Group, and Multimedia Park Venture Capital to support its growth. In 2015, Wealink was fully acquired by Youzu Interactive, a Chinese game developer and publisher, for approximately RMB 80 million.

Historically, Wealink gained recognition in its early years, being named one of Red Herring's "Asia 100 Best Private Enterprises" and one of the "Top 100 Most Valuable Enterprises for Investment in China" by Zero2IPO Group in 2006. The platform aimed to provide members with exclusive access to business opportunities and networking. However, it struggled with balancing the expectations of paying business partners seeking specific connections and general members using the platform for broader networking. At one point, the platform claimed to have over five million registered users and was focused on growing its business-to-business services by allowing companies to create profile pages and interact directly with potential candidates. Keywords: professional networking, China, job board, recruitment services, social networking, career development, Shanghai, Ling Zou, business connections, online recruitment, professional social media, Youzu Interactive, SIG China, Chinese tech, human resources, talent acquisition, online job portal, corporate recruiting

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